Global Food Allergen Testing Market 2020 (Includes Business Impact of COVID-19)

  • TBI44170
  • April 29, 2020
  • Global
  • 149 pages
  • Market.US
                                          

“Global Food Allergen Testing Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global food allergen testing market report has been segmented on the basis of source, technology, food tested, and region.

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Global Food Allergen Testing Market: Overview Food allergen testing is used to identify the allergenic ingredients present in the substance or product. An abnormal response caused by the immune system of the body to a food product is known as food allergy. Allergic reactions can cause serious illness and death. Various symptoms of food allergy are itching, swelling of tongue or lips, vomiting, hives, nausea, diarrhea, wheezing, and others. Global Food Allergen Testing Market: Dynamics Increasing incidences of allergic disorders among individuals owing to allergenic ingredients present in foods is a major factor expected to drive growth of the target market in the next coming years. In addition, increasing demand for allergen testing owing to labeling compliance is another factor expected to fuel growth of the global food allergen testing market. Implementation of stringent regulations regarding food safety and growing awareness among consumer regarding health concern are factors which in turn is expected to increase demand for food allergen testing in the next 10 years. Furthermore, globalization of food trade and increasing recall of food products containing undeclared allergen products are some of the other factors expected to propel growth of the target market. However, lack of awareness regarding labeling regulations and lack of food control infrastructure in developing countries are major factors which may restrain growth of the food allergen testing market. Development of technologies such as multi-allergen screening system for testing and approach to track the untapped markets by major players are factors expected to offer new opportunities for players operating in the target market. Global Food Allergen Testing Market: Segment Analysis Among the source segments, the peanut & soy segment is expected to account for highest growth in terms of revenue in the target market. Among the technology segments, the immunoassay-based/ELISA segment is projected to register major revenue share in the target market. Among the food tested segments, the processed food segment is projected to register significant revenue share in the target market in the next coming years. Global Food Allergen Testing Market: Region Analysis The food allergen testing market in Europe is expected to account for highest revenue share contribution in the target market and projected to maintain its dominance in the next 10 years. Stringent policies regarding food safety and high number of laboratories for allergen testing are factors expected to drive growth of the target market. The North America market is projected to register moderate revenue share in the global food allergen testing market in years to come. This is attributed to growing demand for processed food with standardization and proper labeling. The market in Asia Pacific is projected to register fastest growth rate in the target market owing to increasing demand for processed food products, increasing incidences of allergic disorders, growing awareness for health concern among consumers are other factors expected to drive growth of the Asia Pacific market.

Global Food Allergen Testing Market Segmentation:

Segmentation on the Basis of source: Peanut & Soy Wheat Milk Egg Tree Nuts Seafood Others (sulfites and other cereals) Segmentation on the Basis of Technology: Polymerase Chain Reaction (PCR) Immunoassay-based /ELISA (Enzyme-Linked Immunosorbent Assay) Others (LC-MC/MS, test kits, and other chromatographic equipment) Segmentation on the Basis of Food Tested: Bakery & Confectionary Infant Food Processed Food Dairy Products & Alternatives Seafood and Meat Products Others (savory items, sauce, and food additives)

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Food Allergen Testing Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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